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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (26371)12/19/2002 10:05:09 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Jorj, <<It seems odd that the POG would rocket up so much on that news if it was already known...perhaps just an overreaction.... >>

Let us count the ways ...

(a) Arabs buying because they are afraid
(b) Chinese buying because they have a 60 year pent-up demand
(c) Indians buying because they have always bought
(d) Japanese buying because they are finally learning
(e) ABX getting sued for selling too much
(f) JPM getting sued for buying in convoluted fashion
(g) Mine outputs declining
(f) Central banks getting heat for selling too early
(g) Bernanke says he is going to rob everyone who are not buying
(h) Maestro Al said (to representative Ron Paul) that he remain believer in old essay (Gold = Economic Freedom)
(i) Malaysia says gold will be money by June 2003
(i) War coming
(j) Peace slipping away

and yet, some will have us believe that gold price should fall:0) much as they would say black is white, depression is fun, war is good, Q is salvation, and printing is redemption.

Chugs, Jay